Newbury Corporation Profit Incentive And Employees' Savings Plan — Form 5500 plan (Newbury Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Newbury Corporation Profit Incentive And Employees' Savings Plan is a benefit plan reported by Newbury Corporation under EIN 04-2426613 and plan number 002. The latest loaded filing year is 2023. The filing reports 207 participants and $53,927,443 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Newbury Corporation
- EIN
- 04-2426613
- Plan number
- 002
- Plan type
- 2
- Location
- Dedham, MA
- Latest filing year
- 2023
- Participants
- 207
- End-of-year plan assets
- $53,927,443
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 207 | H, C | 20241015152300NAL0014954003003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $53,927,443
- Net assets (EOY)
- $53,927,443
- Net assets (BOY)
- $49,245,871
Income & contributions
- Employer contributions
- $1,203,280
- Participant contributions
- $1,389,357
- Total contributions
- $2,663,936
- Total income / additions
- $10,461,938
Expenses & distributions
- Benefits paid
- $5,696,257
- Administrative expenses
- $48,347
- Total expenses
- $5,780,366
- Net increase / (decrease)
- $4,681,572
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Schwab Retirement Plan Services,Inc | NONE | $48,025 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $35 | $0 | 2023 |